Spread before costs (cost unknown: a leg has no order-book sample)+0.015%
7d average+0.103%if it closes, per $10,000$1funding while held, a day−$1.08
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COIN-USD.P | 202.78 | 0.0050 | pay 0.0006% / 1h | 44m 21s | $371K | $3.0M | 10x |
| Short | Bybit COINUSDT | 202.81 | 0.0015 | get 0.0015% / 8h | 6h 44m | $5.2M | $5.3M | 50x |
Ondo Perps COIN-USD.P
Bybit COINUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $1.48
- Funding while held
- −$1.08
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$15.6
- Spread needed to break even
- 0.160%
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0036%
- Per $10,000 a day
- −$1.08
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 1.48 bp | 12.7 bp −$13 | 27.7 bp −$277 | 316.1 bp −$31.6K | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
COIN price on every exchange
against the cheapest. Click to use as the short leg.Vest202.46cheapestApeX Omni202.65+0.094%Arcus202.68+0.109%Aevo202.69+0.116%Orderly202.70+0.119%Aster202.71+0.123%Polymarket Perps202.72+0.128%tradeXYZ202.73+0.133%QFEX202.73+0.133%Lighter RH202.74+0.138%Binance202.74+0.138%Extended202.74+0.140%Lighter202.75+0.141%OKX202.75+0.143%Variational Omni202.75+0.144%Phoenix202.76+0.148%SoDEX202.76+0.148%Gate202.77+0.153%Injective202.77+0.153%
Vest
ApeX Omni
Arcus
Aevo
Orderly
Aster
Polymarket Perps
tradeXYZ
QFEX
Lighter RH
Binance
Extended
Lighter
OKX
Variational Omni
Phoenix
SoDEX
Gate
InjectiveOndo Perps202.78+0.158%
Bitget202.79+0.163%
BitgetBybit202.81+0.173%
KuCoin202.81+0.173%edgeX202.83+0.182%BloFin202.84+0.188%
KuCoin
BloFinCOIN on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest COIN-USD-PERP | −0.158% | +0.0024% | 1h | — | $452K | 25x | as long as short |
| ApeX Omni COINUSDT | −0.064% | +0.0100% | 1h | $91K | $639K | 50x | as long as short |
| Arcus COIN-USD | −0.049% | +0.0040% | 1h | $19K | $41K | 5x | as long as short |
| Aevo COIN-PERP | −0.042% | +0.0104% | 1h | $120 | — | 10x | as long as short |
| Orderly PERP_COIN_USDC_mythos | −0.039% | +0.0100% | 8h | $586 | $5K | 10x | as long as short |
| Aster COINUSDT | −0.035% | 0.0000% | 8h | $372K | $815K | 20x | as long as short |
| Polymarket Perps COIN-USD | −0.030% | +0.0050% | 1h | $134K | $1.1M | 10x | as long as short |
| tradeXYZ xyz:COIN | −0.025% | +0.0137% | 1h | $16.4M | $13.2M | 10x | as long as short |
| QFEX COIN-USD | −0.025% | +0.0039% | 1h | $1.4M | $3.5M | 10x | as long as short |
| Lighter RH COIN | −0.020% | +0.0032% | 1h | $447K | $1.9M | 10x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance COINUSDT | −0.020% | 0.0000% | 8h | $15.7M | $69.1M | 20x | as long as short |
| Extended COIN_24_5-USD | −0.018% | 0.0000% | 1h | $100K | $428K | 10x | as long as short |
| Lighter COIN | −0.017% | +0.0088% | 1h | $403K | $2.1M | 10x | as long as short |
| OKX COIN-USDT-SWAP | −0.015% | 0.0000% | 8h | $3.4M | $4.5M | 20x | as long as short |
| Variational Omni COIN | −0.014% | 0.0000% | 8h | $867K | $912K | — | as long as short |
| Phoenix COIN | −0.010% | +0.0157% | 1h | $2K | $238K | 10x | as long as short |
| SoDEX COIN-USD | −0.010% | +0.0050% | 1h | $90 | $3K | 10x | as long as short |
| Gate COIN_USDT | −0.005% | 0.0000% | 8h | $1.5M | $5.8M | 50x | as long as short |
| Injective COIN/USDC PERP | −0.005% | −0.0440% | 1h | $40K | $105K | 30x | as long as short |
| Ondo Perps COIN-USD.Plong | 0.000% | +0.0050% | 1h | $371K | $3.0M | 10x | |
| Bitget COINUSDT | +0.005% | +0.0055% | 8h | $6.8M | $8.8M | 20x | as long as short |
| Bybit COINUSDTshort | +0.015% | +0.0015% | 8h | $5.2M | $5.3M | 50x | |
| KuCoin COINUSDTM | +0.015% | +0.0100% | 8h | $1.0M | $145K | 20x | as long as short |
| edgeX COINUSDC | +0.024% | +0.0534% | 4h | $53K | $291K | 10x | as long as short |
| BloFin COIN-USDT | +0.030% | +0.0120% | 8h | $206K | $310K | 20x | as long as short |